Five Nobel Prizes were instituted by the final will of Alfred Nobel, a Swedish chemist and industrialist, who was the inventor of the high explosive dynamite. Nobel bequeathed 94% of his total assets, 31 million Swedish Kronor, to establish and endow the five Nobel Prizes. Although Nobel’s will established the prizes, his plan was incomplete and, due to various other hurdles, it took five years before the Nobel Foundation could be established and the first prizes awarded on 10 December 1901. An associated prize, The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was instituted by Sweden’s central bank in 1968 and first awarded in 1969.

With the exception of the Nobel Peace Prize, the Nobel Prizes and the Prize in Economics are presented in Stockholm, Sweden, at the annual Prize Award Ceremony on the 10th of December, the anniversary of Nobel’s death. The Nobel Peace Prize and its recipients’ lectures are presented at the annual Prize Award Ceremony in Oslo, Norway, also on the 10th of December. The reason why Norway distributes a part of the prize is that at the time of Alfred Nobel’s death, Norway and Sweden were joined together in a personal union known as the Swedish-Norwegian Union. (Read more)

So what’s this blog about?

Another attempt? Well yes. Attempting to figure out another sustainable model (there are some other attempts going on parallel-ly).
Well, we have a lot of questions in mind. we read up stuff, we do some research to find answers to these questions. This is an attempt to publish that little 15-20 minute research.